· Highlights of this issue

· Strategic Trade Policy - Is there a Case for Intervention?

· Privatization - Competition and Regulation

· Financial Innovation - Contracts and Failures

· Exchange Rate Coordination - Target Zones

The following Lunchtime meetings were discussed in this issue:

· UK Housing market - Effects of rates reform

· Divorce and Remarriage - occupational hazards

· Wider Share Ownership - Too many eggs in one portfolio

· The Growing Elderly Population - Survival of the fittest

The following Discussion Papers were discussed in this issue:

· Is Time-Inconsistent Behaviour Really Possible? by Andrew J Hughes Hallett

· East-West Trade, Embargoes and Expectations by Alasdair Smith

· Economics of the Family: Applications to Divorce and Remarriage by John F Ermisch

· How Should Control Theory be Used by a Time-Consistent Government? by Daniel Cohen and Philippe Michel

· Trading Volume and Asset Liquidity by Marco Pagano

· Government Deficits, Private Investment and the Current Account: An Intertemporal Disequilibrium Analysis by Sweder van Wijnbergen

· Market Size, the Informational Content of Stock Prices and Risk: A Multiasset Model and some Evidence by Marco Pagano

· From Labour History to the History of Industrial Relations by Jonathan Zeitlin

· Endogenous Market Thinness and Stock Price Volatility by Marco Pagano

· Long-Term Unemployment, Excess Demand and the Wage Equation in Britain, 1925-39 by Nicholas F R Crafts

· Theoretical and Empirical Determinants of International Labour Mobility: A Greek-German Perspective by Louka T Katseli and Nicholas Glytsos

· Unemployment and Female Labour Supply by Richard Blundell, John Ham and Costas Meghir

· Econometric Approaches to the Specification of Life-Cycle Labour Supply and Commodity Demand Behaviour by Richard Blundell

· Macroeconomic Policy Design with Incomplete Information: A New Argument for Coordinating Economic Policies by Andrew J Hughes Hallett